"There is no money in monetary policy."Could it be true? Is there no money in monetary policy?Yesterday we argued the Federal Reserve cannot even define money... much less measure it to any reasonable satisfaction.Today we venture upon a heresy deeper still - that central bank "monetary" policy has no actual existence.No money stands beneath it, behind it, beside it.The emperor is well and truly n...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday May 3:Aluminium scrapFloated Frag: ?,?1,025-1,060 per tonne from ?,?1,030-1,065Cast: ?,?925-945 per...Read More
While 2016 and 2017 each had a single, clear factor that drove up seaborne coking coal prices, this was a key feature that was missing last year, when the market continued to strengthen regardless.And if the first few months of 2019 are anything to go by, the seaborne coking coal market might have just reached a new level of complexity.When China decided to tackle overcapacity in its coal sector i...Read More
Five years ago a private group of Russian businessmen, known as Sibzoloto Partners, acquired the Sergeevskoe gold project in southeastern Siberia, 550 km from Chita, an administrative city near Russia's border with China and Mongolia.Sergeevskoe caught their interest largely because the eastern boundary of the project lies just 300 metres west of Klyuchevskoe, a past-producing gold mine. Klyuchevs...Read More
Geomega Resources (TSXV: GMA) plans to put Canada on the map as a producer of rare earth elements (REE) - not by building a mine, although it hopes to do that one day too - but by initially recycling them from the permanent magnet industry with a technology developed by its privately controlled subsidiary, Innord.Geomega claims Innord's in-situ recovery (ISR) technology, which has been developed o...Read More
The following is a transcript of remarks made by Cameco (TSX: CCO; NYSE: CCJ) president and CEO Tim Gitzel during the company's first quarter conference call on May 1 on the topic of uranium markets and Cameco's production strategy. In the first quarter, Cameco had an adjusted net loss of $33 million on uranium mining revenues of $207 million and fuel services revenues of $83 million.Tim GitzelIn...Read More
Nickel miner Australian Mines hopes to lock in funds for a planned A$1.3 billion ($935 million) battery materials plant by end-June, its chief executive said, despite volatile prices that have crimped lending to the new energy sector.The company is talking with South Korean battery maker SK Innovation to finalise an offtake agreement after reaching a preliminary deal in March 2018. At the same tim...Read More
"$AEL - American Equity Investment Life Holding Co. (AEL) CEO John Matovina on Q1 2019 Results - Earnings Call Transcript https://t.co/CL4PIqUU0F"Read full newsRead More
"@Cannarabiotech is building one of the largest indoor cannabis cultivation facilities (625,000 square feet) in Canada - are you ready?https://t.co/S8U3aS3ycW#love $love #cannabis #cbd #cse #marijuanastocks #momentumstocks #potstocks #smallcap #thc"Read full newsRead More
"Start Reading up on @vanstar_vsr - With IAMGOLD Acting as operator on their property, $VSR is free to pursue multiple opportunities! Get the highlights here: https://t.co/VWcdmsd1UE #vanstar #vsr #nelligan $vsr #iamgold #img $IMG #gold #momentumstocks #hotstocks #exploration"Read full newsRead More
"Bluestone Resources is an advanced gold project thats looking to become the next gold producer - With AISC of 579$ ..! Read their feasibility now: https://t.co/vwveNe0ftJ #bluestoneresources $BSR #gold #mine #momentumstocks #bsr #cerroblanco #exploration #goldcorp #mining"Read full newsRead More
"Mondias Natural Products Inc - developing eco-friendly alternatives to pesticides in the market!https://t.co/nMda2cgJJm$NHP #NHP #Mondias #NaturalHealth #Plants #Organic #Health #Agriculture #momentumstocks #roundup #HealthProducts"Read full newsRead More
"Monterey Minerals Inc. (CSE:MREY, FWB:2DK) is a mineral exploration company with properties in Western Australia and BC, Canada. Monterey is focusing its efforts on its Sherlock River gold property in Western Australia. https://t.co/GuyVKmYcLJ #gold #exploration #investing"Read full newsRead More
No one likes to pay taxes unnecessarily, but that's what a lot of people who inherit IRAs end up doing. Failing to track down the IRA basis associated with an inheritance can be a costly mistake.Read full newsRead More
With renewed interest in nuclear energy as an alternative to fossil fuels, and with more nuclear reactors being built by producers, it’s possible to quantify demand in this area of energy production for the foreseeable future to some extent.That said, while demand can be calculated to some extent, the question of uranium supply still remains, however. How certain are resources, and are they...Read More
Following a two-month blockade that ended in mid-April, negotiations are still ongoing between Peruvian authorities, the community of Nueva Fuerabamba and Minera Las Bambas, a joint venture project between MMG, a wholly-owned subsidiary of China's Guoxin International Investment, and CITIC Metal Co. Ltd.On May 6 and 7, a new meeting is to be held as the community is pushing for two bills before Co...Read More
South Africa's largest gold producer Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), as the other top gold and platinum producers in the country, are preparing to hold wage negotiations in Q2-2019, and are bracing themselves to what is coming up, in particular with the belligerent Association of Mineworkers and Construction Union or AMCU.AMCU was responsible leading 70,000 mineworkers in the longest, mo...Read More
A team of German scientists published a paper this week where they state that, following a series of lab experiments, they discovered that the concentration of gold in the so-called 'fool's gold' is directly dependent on the content of arsenic in the pyrite where the gold is encrusted.Fool's gold is very common in the Carlin-type gold deposits that are found in Nevada. In those areas, which are re...Read More
I've been writing about Aleafia Health (TSX: ALEF), for more than two years now, yet few have taken notice. Except, of course, members of my Green Chip Stocks community, who have since doubled their money on this one.I've been screaming from the rooftops that this thing is insanely undervalued. And I suspect that over the next few months, now that some of the loose hands have been shaken out, barg...Read More
Global steel billet prices were stable or continued downward in most regions following weak demand and lower scrap prices during the week ended Friday May 3.Global ferrous scrap prices trended downward due to low demand and high inventories held by steel mills.Fastmarkets daily index of North Europe-origin HMS 1&2 (80:20), reached $296.04 per tonne cfr Turkey on Friday, down from $303.55 per tonne...Read More